Media

October 19, 2017

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Kognetics CEO on Growth of Algorithms on Wall Street

Inder Thukral, co-founder of Kognetics LLC, is making machine-learning algorithms that ease life for investment bankers working around the clock on mergers and acquisitions. “It’s the spirit-crushing work that it’s replacing,” he said in an interview. Dealmakers should focus on only the most important stuff, he said. “Searching through 6,000 documents is a computer’s job, so let it do it.”

October 18, 2017
Bankers Publically Embracing Robots

Bankers Publicly Embracing Robots Are Privately Fearing Job Cuts

Inder Thukral, co-founder of Kognetics LLC, is making machine-learning algorithms that ease life for investment bankers working around the clock on mergers and acquisitions. “It’s the spirit-crushing work that it’s replacing,” he said in an interview. Dealmakers should focus on only the most important stuff, he said. “Searching through 6,000 documents is a computer’s job, so let it do it.”

August 23, 2017
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Artificial Intelligence enters newsrooms, are jobs at stake?

According to Rajeev Vaid, Chief Operating Officer and Co-Founder, machine Intelligence platform Kognetics, AI is now being used by leading global media houses for automation of press coverage. "In future, we expect to see a wide-scale use of automated systems to analyse content quickly, in real time, and produce insights in a consumable and usable format to the journalists," Vaid told IANS. The initial impact of AI on journalism would be seen at four levels: Content gathering, content creation, moderation and scale. "AI can be used to scan through structured and unstructured news corpus to gather information restricted to an area, territory or region. Similarly, it can be used to disseminate content to a targeted section with local news via Internet, social and print media," Vaid stressed.

June 13, 2017
Goldman Set Out to Automate

Goldman Set Out to Automate IPOs and It Has Come Far, Really Fast

Kognetics, for example, uses a similar system to find and catalog data to identify attractive acquisition candidates in the tech industry.

FEBRUARY 14, 2017
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Geeks venture into Goldman Sachs' world of big deals and egos

Kognetics, a software company that uses artificial intelligence to assist investment bankers, says about a quarter of their routine can be automated.